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Bulgaria Entered a Schengen Mode for the Eurozone Too

The Cooperation and Verification Mechanism (CVM) of the European Commission proved an obstacle not only for Bulgaria's membership in Schengen but the euro area, too. The July Eurogroup discussed Bulgaria's application for membership in the common currency and changed for the first time its ...
Bruxelles Capitale Sofiya Grad Benoit Coeure July Eurogroup Corporate Commercial Bank Single Resolution Fund

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A Lukewarm Welcome for Greece's Growth Strategy

By June 21st, the euro area must be ready with a plan for Greece's exit from the third and last bailout programme, which will officially happen in August. However, the most important elements of this plan are still missing. Those are the Greek government's growth strategy for the post-programme ...
Pierre Moscovici Benoit Coeure Mario Centeno Greek Finance Minister Euclid Tsakalotos Commissioner Pierre Moscovici European Stability Mechanism

As It Happens: Global economy | Philstar.com

The Economist Intelligence Unit launches a new report which identifies an outbreak of hostilities in the South China Sea due to territorial disputes and a major military confrontation on the Korean Peninsula as among the top 10 risks to the global political and economic order. The EIU report also cites that the two top risks are a prolonged fall in major stock markets that destabilizes the global economy and a trade war provoked by U...
United States Hong Kong France General United Kingdom South China Sea Brunei General

Google resolves French fight over payment to publishers

PARIS: Alphabet unit Google has made commitments to resolve a dispute in France over copyright for content used online, the countryโ€™s antitrust authority said on Tuesday.Google, owned by Alphabet, also dropped its appeal against a 500 million euro ($528 million) fine and paid it, the authority said.The decision brings to an end its investigation against Google, which has
France General Benoit Coeure Le Figaro Al Ahsa Al Kharj Khalij Times

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